Standard Life Aberdeen subsidiary sells £652m of HDFC Life shares

29th Jun 2021 07:40

(Sharecast News) - Standard Life Aberdeen said on Tuesday that wholly-owned subsidiary Standard Life Mauritius has sold just over 100.8m shares in HDFC Life on the stock exchange in India for around 67.3 bn rupees (£652m).

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HSBC downgrades M and G and St.James's Place after sharp share price gains

28th Jun 2021 09:58

(Sharecast News) - Analysts at HSBC downgraded their recommendation for shares of M&G and St.James's Place from 'buy' to 'hold'.

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Sunday newspaper round-up: GlaxoSmithKline, Rare Earths, Amazon

2nd May 2021 12:32

(Sharecast News) - Top investors in Glaxo Smith Kline are piling pressure on Dame Emma Walmsley after the activist New York hedge fund Elliott Management was revealed to have built a significant stake. Two top-20 investors in the drugs and consumer goods giant said that the chief executive's future was in doubt after four years of disappointing performance. One top-20 investor said there was "no desire to protect her" among institutional shareholders. Another said that Walmsley, 51, should step aside after her plan to break the business in two is carried out and hand over to her lieutenant, Luke Miels. - Sunday Times

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Standard Life Aberdeen changes name to 'Abrdn'

26th Apr 2021 08:04

(Sharecast News) - Standard Life Aberdeen said it would change its name to "Abrdn plc", replacing one of the oldest and best-known brands in the savings and investment industry with a new modish label.

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Thursday broker round-up

8th Apr 2021 12:47

(Sharecast News) - Deliveroo: Berenberg initiates at hold with a target price of 310p.

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Deutsche Bank ups Standard Life Aberdeen to 'buy'

18th Mar 2021 08:14

(Sharecast News) - Deutsche Bank upped its recommendation on shares of Standard Life Aberdeen on Thursday to 'buy' from 'hold' and lifted the price target to 335p from 310p.

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Director dealings: SLA director ups stake

10th Mar 2021 16:30

(Sharecast News) - Standard Life Aberdeen revealed on Wednesday that non-executive director Jonathan Asquith had acquired 30,000 ordinary shares in the FTSE 100-listed asset manager.

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Standard Life Aberdeen profits fall as rebranding flagged later in 2021

9th Mar 2021 07:04

(Sharecast News) - Asset manager Standard Life Aberdeen reported a 16.6% fall in annual profits as it declared a dividend and started to focus on client-led growth out of the Covid crisis.

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Tuesday preview: US fiscal stimulus vote, Standard Life Aberdeen in the spotlight

8th Mar 2021 15:21

(Sharecast News) - Investors' attention on Tuesday will be firmly on a vote in the US House of Representatives on the Biden administration's $1.9trn fiscal stimulus package, which has already been approved in the Senate.

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Director dealings: Standard Life Aberdeen CEO ups stake

29th Oct 2020 16:04

(Sharecast News) - Standard Life Aberdeen revealed on Thursday that chief executive Stephen Bird had purchased 500,000 ordinary shares in the FTSE 100-listed investment company.

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JP Morgan upgrades Standard Life Aberdeen, recommends reducing payout

29th Sep 2020 17:20

(Sharecast News) - Analysts at JP Morgan upgraded their recommendation for shares of Standard Life Aberdeen from 'neutral' to 'overweight' after analysing the various avenues at the new chief executive officer's disposal to close the valuation gap versus rivals.

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Berenberg upgrades Hargreaves Landown, SLA, St James's Place

8th Sep 2020 14:25

(Sharecast News) - Hargreaves Lansdown, Standard Life Aberdeen and St James's Place all gained on Tuesday after Berenberg upgraded their ratings to 'buy' from 'hold' as it took a look at the asset management sector.

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Tuesday broker round-up

8th Sep 2020 13:34

(Sharecast News) - Hargreaves Lansdown: Berenberg upgrades to buy with a target price of 1,915.0p.

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Monday broker round-up

7th Sep 2020 13:36

(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.

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Standard Life holds dividend as profit falls 30%

7th Aug 2020 07:02

(Sharecast News) - Standard Life Aberdeen proposed an unchanged dividend as the investment manager reported a 30% drop in first-half profit and a decline in revenue.

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